The combination of financing is the biggest question for businesses knowing the amount of capital needed. The financial provisioning methods that are consistent with the investment policy of companies and profitability should be careful of the companies. Each form of company entity has to control the capital structure and capital structure. The capital structure judgment is the decisive decision that a financial manager has to make. India's pharmaceutical industry is at the frontier with a large range of pharmaceutical and technical capabilities. The Indian pharmaceutical industry has experienced steady growth among the Indian economy industries, with many Indian pharmaceutical companies being favourite partners in contract manufacture and in research and development. A number of factors and interplay between capital structure factors must be taken into account in the decision on the financing of capital. Capital structure represents a share of debt and equity, and so their combination is an essential problem for business when calculating the amount of capital needed. In assessing investment methods and formulating an investment plan and profitability, businesses should be more careful. This paper is try to find the impact on value of pharmaceutical company's according to capital structure in India and to address the impact the capital theories on value of pharmaceutical companies.

KEYWORDS: Capital Structure, Pharmaceutical, Impact on Value.